{"id":398641,"date":"2020-12-13T21:01:40","date_gmt":"2020-12-14T02:01:40","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=398641"},"modified":"2020-12-13T21:01:40","modified_gmt":"2020-12-14T02:01:40","slug":"alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/","title":{"rendered":"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal?"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN DIEGO<\/span>, <span class=\"xn-chron\">Dec. 13, 2020<\/span> \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Alexion Pharmaceuticals, Inc. (&#8220;Alexion&#8221; or the &#8220;Company&#8221;) (NASDAQ: ALXN) breached their fiduciary duties in connection with the proposed sale of the Company AstraZeneca. \u00a0<\/p>\n<p>On <span class=\"xn-chron\">December 12, 2020<\/span>, Alexion\u00a0announced that it had entered into a definitive merger agreement with AstraZeneca.\u00a0Alexion shareholders will receive <span class=\"xn-money\">$60<\/span> in cash and 2.1243 AstraZeneca American Depositary Shares. Based on AstraZeneca&#8217;s closing stock price on <span class=\"xn-chron\">December 11, 2020<\/span>, the implied cash and stock consideration to be received by Alexion stockholders is <span class=\"xn-money\">$175.29<\/span> per share.<u> Alexion shareholders will be subject to the future price fluctuation of AstraZeneca&#8217;s stock price.<\/u><\/p>\n<p>The investigation concerns whether the Alexion\u00a0board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Alexion\u00a0shares of common stock. <b><u>Nationally recognized <span class=\"xn-person\">Johnson Fistel<\/span> is investigating whether the proposed deal represents adequate consideration, especially given analysts&#8217; projections for future earnings and revenue growth.<\/u><\/b><\/p>\n<p>\n        <b>If you are a shareholder of <\/b><br \/>\n        <b>Alexion<\/b><br \/>\n        <b>\u00a0and believe the proposed buyout price is too low or you&#8217;re interested in learning more about the investigation, please contact lead analyst <span class=\"xn-person\">Jim Baker<\/span> (<u><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/u>) at <a target=\"_blank\" href=\"tel:6198144471\" rel=\"nofollow noopener noreferrer\">619-814-4471<\/a>.<\/b>\u00a0<b>If emailing, please include a phone number.<\/b><\/p>\n<p>\n        <b>Additionally, you can <\/b>[<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011440-1&amp;h=3564970321&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FAlexionPharmaceuticalsInc&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]. <b>There is no cost or obligation to you.<\/b><\/p>\n<p>\n        <b>About <span class=\"xn-person\">Johnson Fistel<\/span>, LLP:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP is a nationally recognized shareholder rights law firm with offices in <span class=\"xn-location\">California<\/span>, <span class=\"xn-location\">New York<\/span>, and <span class=\"xn-location\">Georgia<\/span>. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011440-1&amp;h=1339107981&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2959632-1%26h%3D2759686283%26u%3Dhttps%253A%252F%252Fwww.johnsonfistel.com%252F%26a%3Dhttps%253A%252F%252Fwww.johnsonfistel.com&amp;a=https%3A%2F%2Fwww.johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">https:\/\/www.johnsonfistel.com<\/a>. Attorney advertising. Past results do not guarantee future outcomes.<\/p>\n<p>\n        <b>Contact:<br \/><\/b><br \/>\n        <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<br \/><span class=\"xn-person\">Jim Baker<\/span>, <a target=\"_blank\" href=\"tel:6198144471\" rel=\"nofollow noopener noreferrer\">619-814-4471<\/a><br \/><a target=\"_blank\" href=\"mailto:jimb@johnsonfistel.com\" rel=\"nofollow noopener noreferrer\">jimb@johnsonfistel.com<\/a><\/p>\n<p>[<b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3011440-1&amp;h=3564970321&amp;u=https%3A%2F%2Fwww.cognitoforms.com%2FJohnsonFistel%2FAlexionPharmaceuticalsInc&amp;a=Click+here+to+join+this+action\" rel=\"nofollow noopener noreferrer\">Click here to join this action<\/a><\/b>]<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH22425&amp;sd=2020-12-13\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal-301191714.html\">http:\/\/www.prnewswire.com\/news-releases\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal-301191714.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Johnson Fistel<\/span>, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=PH22425&amp;Transmission_Id=202012132058PR_NEWS_USPR_____PH22425&amp;DateId=20201213\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN DIEGO, Dec. 13, 2020 \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Alexion Pharmaceuticals, Inc. (&#8220;Alexion&#8221; or the &#8220;Company&#8221;) (NASDAQ: ALXN) breached their fiduciary duties in connection with the proposed sale of the Company AstraZeneca. \u00a0 On December 12, 2020, Alexion\u00a0announced that it had entered into a definitive merger agreement with AstraZeneca.\u00a0Alexion shareholders will receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares. Based on AstraZeneca&#8217;s closing stock price on December 11, 2020, the implied cash and stock consideration to be received by Alexion stockholders is $175.29 per share. Alexion shareholders will be subject to the future price fluctuation of AstraZeneca&#8217;s stock price. The investigation &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-398641","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal? - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal? - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN DIEGO, Dec. 13, 2020 \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Alexion Pharmaceuticals, Inc. (&#8220;Alexion&#8221; or the &#8220;Company&#8221;) (NASDAQ: ALXN) breached their fiduciary duties in connection with the proposed sale of the Company AstraZeneca. \u00a0 On December 12, 2020, Alexion\u00a0announced that it had entered into a definitive merger agreement with AstraZeneca.\u00a0Alexion shareholders will receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares. Based on AstraZeneca&#8217;s closing stock price on December 11, 2020, the implied cash and stock consideration to be received by Alexion stockholders is $175.29 per share. Alexion shareholders will be subject to the future price fluctuation of AstraZeneca&#8217;s stock price. 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- Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/","og_locale":"en_US","og_type":"article","og_title":"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal? - Market Newsdesk","og_description":"PR Newswire SAN DIEGO, Dec. 13, 2020 \/PRNewswire\/ &#8212; Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Alexion Pharmaceuticals, Inc. (&#8220;Alexion&#8221; or the &#8220;Company&#8221;) (NASDAQ: ALXN) breached their fiduciary duties in connection with the proposed sale of the Company AstraZeneca. \u00a0 On December 12, 2020, Alexion\u00a0announced that it had entered into a definitive merger agreement with AstraZeneca.\u00a0Alexion shareholders will receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares. Based on AstraZeneca&#8217;s closing stock price on December 11, 2020, the implied cash and stock consideration to be received by Alexion stockholders is $175.29 per share. Alexion shareholders will be subject to the future price fluctuation of AstraZeneca&#8217;s stock price. The investigation &hellip; Continue reading \"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal?\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-14T02:01:40+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH22425&amp;sd=2020-12-13","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal?","datePublished":"2020-12-14T02:01:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/"},"wordCount":343,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=PH22425&amp;sd=2020-12-13","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/alxn-johnson-fistel-investigates-proposed-sale-of-alexion-pharmaceuticals-are-shareholders-getting-a-fair-deal\/","name":"(ALXN): Johnson Fistel Investigates Proposed Sale of Alexion Pharmaceuticals; Are Shareholders Getting a Fair Deal? 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